Used primarily as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of pyrazole-based active ingredients. Its iodo functional group allows for efficient coupling reactions, making it valuable in building complex molecules through cross-coupling processes like Suzuki or Heck reactions. Commonly employed in the production of plant growth regulators and certain fungicides due to the stability and bioactivity of the pyrazole scaffold. Also utilized in research settings for the preparation of analogs in medicinal chemistry programs targeting anti-inflammatory and antimicrobial agents.